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October 2017

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According to owners of ITMA Asia + CITME, as the closing date for registering draws closer, almost 1,000 manufacturers have already applied for space.

“Space applications for the exhibition to be held at the new National Exhibition and Convention Centre (NECC) in Shanghai from October 21 to 25, 2016 will close on February 29, 2016,” a press release revealed.

Gu Ping, vice president of CTMA said, “We have seen a greater number of Chinese manufacturers signing up to exhibit at the combined show this year.”

“Interestingly, nearly 30 per cent of the applicants are first-time participants and this attests to the reputation of the combined show as a leading-edge industry platform,” he added.

CEMATEX president Charles Beauduin too said, “As the deadline for space application draws near, we are receiving increasing numbers of applications from members, anxious to secure a booth before the deadline.”

“As expected, interest from global machinery manufacturers is strong as everyone wants to tap into the market opportunities in China,” Beauduin stated.

The owners further added that textile machinery manufacturers are leveraging the show as a strategic platform to showcase their latest technologies as China textile industry rolls out the 13th Five-Year Plan.

Under the plan, the Chinese textile industry will focus on industrial transformation and upgrading, while structural adjustments will continue to be made in all sectors.

“This is expected to expand opportunities for the further development of textile enterprises and in areas such as technical textiles,” the show owners observed.

According to CTMA, China's textile industry has been making greater investments to stay more competitive as there were a total of 15,235 new projects in 2015.

From January to November 2015, fixed asset investments in textile projects of more than RMB 5 million each amounted to RMB 1.09 trillion, up 2 per cent from the same period in 2014.

“In view of these positive trends, which will spawn demand for better technologies, and the resounding success of the 2014 show, we are confident that participation in the upcoming show will be outstanding,” Ping noted.